Word: loreans
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...videotape was devastating. There is John Z. De Lorean, the sleek, charming onetime Wunderkind of General Motors, meeting with several purported cocaine traffickers in a tacky Los Angeles hotel room. De Lorean appears thrilled as one of the "dealers" drags a suitcase containing 55 Ibs. of cocaine into the room and opens it on a table. "It's better than gold," exclaims De Lorean after fingering the packets of snow-white powder. "Gold weighs more than that, for God's sake." Later he raises a champagne glass in a toast: "This is to a lot of success...
With that minute and 48 seconds of videotape, CBS-TV last week gave the nation a riveting summary of the core of the Government's case against the fallen business hero, charged with conspiring to distribute $24 million worth of cocaine to save his faltering De Lorean Motor Co. The broadcast came only nine days before jury selection was to start in the trial in Los Angeles. While CBS officials were pleased by their scoop, prosecutors and defense lawyers, plus many of the network's peers in journalism, denounced CBS for unnecessarily jeopardizing John De Lorean...
...tapes from Larry Flynt, the millionaire publisher of lurid Hustler magazine. Flynt made copies available both to 60 Minutes Executive Producer Don Hewitt and to a reporter for KNXT-TV, the CBS station in Los Angeles. The news executives concluded that there would be little impact on De Lorean's ability to get a fair trial and that the tapes' newsworthiness more than outweighed the risk. The CBS arguments about lack of impact and newsiness seemed to carom into each other. "This story is an old story," insisted Hewitt...
...There was nothing in those tapes that the Government hadn't described in detail" a year ago, at the time of De Lorean's arrest. So what was the news? All CBS had done, Hewitt explained, was to put "the real picture alongside the Government's word picture and show that they matched." In short, CBS believes that it performed the service of showing that the prosecutors were not lying...
...member of the presidential honor guard charged with distribution of cocaine, and in Frederick, Md., a six-person coke ring (including a local lawyer and a banker) busted. "It used to be that a pound of cocaine was a big seizure," says Assistant U.S. Attorney James Walsh, John De Lorean's prosecutor and head of the new federal task force in Los Angeles. "Nowadays, if it's a couple of pounds or a kilo...